Bear Tack
外汇网2021-06-19 13:46:07
51
A fall in the price of a stock, sector, or market, or investor sentiment that assumes a fall will happen soon. A bear tack is usually used to describe bearish movement in the short to medium term.
In sailing, a tack is a maneuver in which a boat turns its bow to put the wind on the opposite side of the boat. A bear tack is a buzz word that is derived from this sailing term to explain a change in movement of a security or index.
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